Code Marguerite
ActiveCode Marguerite has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €10k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 31% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+97
Solvency61▼-19
Growth41=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 2.05 in 2024; short-term debt: 63% and cash: 34.4% of total assets), but 63.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.1%
Return on assets
23%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
37 d early
2023
47 d early
2022
41 d early
2021
26 d early
2020
25 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€111k▲ 17.7%
2021 · €94k
2018: €84k
2019: €90k
2020: €80k
2021: €94k
2018 → 2022
EBIT margin
19.5%▲ 5.1pp
2021 · 14.4%
2018: 18.3%
2019: 14.4%
2020: 29.8%
2021: 14.4%
2018 → 2022
Net result
€10k
2024 · €-16k
2018: €10k
2019: €8k
2020: €17k
2021: €9k
2022: €15k
2023: €-3k
2024: €-16k
2018 → 2025
Working capital
€15k▼ 17.5%
2024 · €18k
2018: €26k
2019: €37k
2020: €39k
2021: €43k
2022: €45k
2023: €36k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€94k-€111k▲ 17.7%
Equity€60k-€59k▼ 1.3%€47k▼ 21.2%€23k▼ 51.6%€15k▼ 33.7%
Operating result€14k-€22k▲ 59.0%€-2k€-14k▼ 561%€12k
Net result€9k-€15k▲ 64.7%€-3k€-16k▼ 488%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€730▼ 88.1%
Current assets
€41k▲ 17.5%
Equity and liabilities €42k
Equity
€15k▼ 33.7%
Debt
€27k▲ 45.7%
The debt ratio rises from 44.6% to 63.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▲
2024 · €-4k
Cash flow
€15k▲
2024 · €-6k
Solvency
36.1%▼
2024 · 55.4%
Current ratio
1.56▼
2024 · 2.05
Quick ratio
1.56▼
2024 · 2.05
Debt / equity
1.77▲
2024 · 0.81
ROE
63.7%▲
2024 · -70.5%
ROA
23.0%▲
2024 · -39.1%
Interest coverage
10.20▲
2024 · -2.03
Debt
€27k▲
2024 · €18k
Debt ≤ 1 year
€26k▲
2024 · €17k
Income taxes
€282▲
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41k€42k▲
Fixed assets21/28€6k€730▼
Tangible fixed assets22/27€6k€730▼
Plant, machinery and equipment23€314-
Furniture and vehicles24€6k€730▼
Financial fixed assets28€185-
Current assets29/58€35k€41k▲
Amounts receivable within one year40/41€28k€27k▼
Trade receivables40€13k€18k▲
Other amounts receivable41€15k€8k▼
Cash at bank and in hand54/58€7k€14k▲
Deferred charges and accrued income490/1€164-
Equity and liabilities
Total equity and liabilities10/49€41k€42k▲
Equity10/15€23k€15k▼
Contributions10/11€186€186=
Reserves13€41k€24k▼
Distributable reserves133€41k€24k▼
Profit (loss) carried forward14€-19k€-9k▲
Amounts payable17/49€18k€27k▲
Amounts payable within one year42/48€17k€26k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€8k€17k▲
Accrued charges and deferred income492/3€1k€400▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€6k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-1k€19k▲
Operating profit (loss)9901€-14k€12k▲
Financial income75/76B€19-
Recurring financial income75€19-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-16k€10k▲
Income taxes67/77€192€282▲
Profit (loss) for the period9904€-16k€10k▲
Profit (loss) for the period to be appropriated9905€-16k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-9k▲
Profit (loss) brought forward from the previous period14P€-3k€-19k▼
Transfer from equity791/2€8k€17k▲
Profit to be distributed694/7€8k€17k▲
Return on contributions (dividend)694€8k€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €17k ▲108%
Operating result €24k, net result €17k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Fusillés 621340 Ottignies-Louvain-la-NeuveGround area
1,258 m²
Building footprint
159 m²
Volume, LiDAR
471 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CODE MARGUERITE
since 20122.207.505.115
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92040D0135/00C002 | Wallonia | 1,079 m² | 1 · 105 m² | - |
| 25083D0240/00G003 | Wallonia | 179 m² | 1 · 54 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 11,684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2012
Fiscal year end31-12
Activities, NACEBEL
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
58290Other software publishing
62900Other information technology and computer services
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
82990Other business support services
85593Socio-cultural adult education
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.